Erin go…

Geography can lay some claim to Paul Krugman’s fame (he recently was awarded a Nobel Prize) because geographic issues have been at the heart of his innovations in Economic theory. Krugman’s “geographical imagination” has attracted some attention in the last few days after his influential Op-Ed piece in the New York Times looked at Ireland’s economic performance of late and, messing with the slogan “Erin go bragh” (Ireland forever), coined the new slogan, “Erin Go Broke“. It’s a catchy one, alright! But it’s annoyed some high-ranking Irish politicians, not least Tainaiste, Mary Coughlan, who is none-too-pleased about Ireland gaining a reputation as a model for the worst-case scenario for the global economy.